morpheus on Nostr: Bitcoin the best hedge against the carry trade. The carry trade is not over it took ...
Bitcoin the best hedge against the carry trade. The carry trade is not over it took 15+ years to build and does not end with 2 days of volatility.
Other currencies need to be sold to buy back the YEN as the negative interest rate spread closes.
Either other currencies will fall against the YEN or money printing will happen to buy it back without the system loosing liquidity
With Bitcoin giving you optionality to all currencies either way you will be able to sustain purchasing power in YEN or have greater purchasing power in other currencies that need to print against BTC.
Other currencies need to be sold to buy back the YEN as the negative interest rate spread closes.
Either other currencies will fall against the YEN or money printing will happen to buy it back without the system loosing liquidity
With Bitcoin giving you optionality to all currencies either way you will be able to sustain purchasing power in YEN or have greater purchasing power in other currencies that need to print against BTC.